Tag: CME Group

HomeTagsCME Group

CME Group receives a $1 billion investment from Google Cloud to improve finance-backing technology.

Google Cloud has announced a $1 billion (approximately Rs. 7,434.9 crore) investment in CME Group, a US-based derivatives marketplace, as part of a new 10-year agreement. The financial services company will use Google Cloud servers to run its operations. For those entering the field of "derivatives," which are financial instruments rather than assets, the two companies seek to offer risk reduction tools and other user-beneficial platforms.
Please follow and like us: